adminJuly 1.
“This warning is to all employers. The NPRA will prosecute any employer who has refused or failed to register on any scheme.
“They had better take this warning seriously because their workers will not have a benefit of the full reforms,” the Chief Executive Officer of the NPRA, Sam Pee Yalley said.
Section 23 of Act 766, which set up the NPRA, outlines the penalties for those who refuse to register their institutions and their employees or comply with any section of the law.
Defaulters or offenders were subject to summarily conviction of five years’ imprisonment or to both.
Yalley said 5 566 people had so far been registered under the new pension scheme, out of an estimated 32 000 employees.
He urged employees to ensure that not only were they registered under the new scheme but that their employers also paid their contributions on schedule.
“It is to their (employees) benefit to insist that their employers paid their contributions and on time.”
Yalley advised workers to regular negotiate for better basic pay and not allowances, since it was the basic pay that would enhance their pension contributions. — CAJ News.
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